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This form is used to enroll in the NACo Deferred Compensation Plan, allowing participants to manage contributions to their retirement accounts, including specifying contribution amounts and investment

How to fill out naco participation agreement payroll

How to fill out NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans

1. Obtain the NACo Participation Agreement form from the NACo website or your HR department.
2. Fill out the basic information section including your name, address, and employee ID.
3. Review the terms and conditions carefully before signing.
4. For the Payroll Deduction Authorization, download the appropriate form.
5. Enter your personal details, including the amount you wish to deduct from each paycheck.
6. Review your pay schedule and ensure the deductions align with your financial goals.
7. Sign and date the Payroll Deduction Authorization form.
8. Complete the Service Request form for 457 and 401(a) Plans by providing necessary plan details.
9. Indicate your investment choices and any changes needed in existing contributions.
10. Submit all completed forms to your HR department or the designated plan administrator.

Who needs NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans?

1. Employees who are participating in the NACo retirement plans.
2. Individuals looking to set up or modify their contributions to the 457 and 401(a) Plans.
3. New hires who wish to enroll in the NACo retirement plan options.

For pdfFiller’s FAQs

What is NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans?

The NACo Participation Agreement, Payroll Deduction Authorization, and Service Request for 457 and 401(a) Plans are documents used to enroll participants in retirement plans offered by the National Association of Counties (NACo). They govern how contributions are deducted from employees' paychecks for retirement savings.

Who is required to file NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans?

Employees who wish to participate in the NACo 457 and 401(a) retirement plans must file the NACo Participation Agreement, Payroll Deduction Authorization, and Service Request. This includes both new hires and current employees who wish to enroll or make changes to their contributions.

How to fill out NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans?

To fill out the NACo Participation Agreement, Payroll Deduction Authorization, and Service Request, individuals should provide necessary personal information, select the desired contribution amount, specify investment options, and sign the documents as required. It's advisable to review instructions carefully for specific eligibility criteria and required information.

What is the purpose of NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans?

The purpose of these documents is to facilitate enrollment in the NACo retirement plans, authorize payroll deductions for contributions, and manage service requests related to the plans. They ensure that employees can save for retirement effectively through systematic contributions.

What information must be reported on NACo Participation Agreement, Payroll Deduction Authorization and Service Request for 457 and 401(a) Plans?

The information required typically includes personal details (such as name and employee ID), contribution amounts, selected investment options, and signatures for authorization. Specific forms may have additional requirements depending on the plan and the employee's choices.